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Argentina GDP shows no growth in second quarter yr/yr  BUENOS AIRES: Argentina's gross domestic product was flat in the second quarter versus the same period last year and fell 0.8 percent when compared with the first quarter, the government said on Friday. The government tweaked its data for the first quarter, revising down the growth figure compared with the fourth quarter of 2011 to 0.6 percent. Copyright Reuters, 2012 ...

Brazil vows to halve high number of traffic deaths  BRASILIA: President Dilma Rousseff on Friday, moving to raise awareness of Brazil's unacceptably high traffic deaths, launched a campaign to halve the number of road accidents by 2020. A day after official statistics showed that 53 percent of the country's 194-million-strong population was now middle class, she said reducing traffic deaths was essential to ensure that Brazil becomes "not just a great middle class country, but also a great civilized country". Nearly 43,000 people died in traffic ...
More than half of Brazil population middle class  BRASILIA: Fifty-three percent of Brazil's population of 194 million is now middle class, as tens of millions of people are lifted out of poverty, a government study said Thursday. The study, released by the presidency's strategic affairs secretariat, found that 104 million Brazilians were now part of the middle class. Among them were 35 million who emerged from poverty over the past 10 years. And nearly 80 percent of the new members of the expanding middle class ...
Colombia economy to grow between 4.7pc and 5pc in 2012: finmin  BOGOTA: Colombia's economy will likely grow between 4.7 percent and 5 percent in the full-year 2012, Finance Minister Mauricio Cardenas said on Thursday. Copyright Reuters, 2012 ...
One dead at Peru gold mine protest over scarce water  LIMA: A struggle over dwindling water resources turned deadly at a mine in northern Peru, leading to clashes that killed one person and injured four others, police said Thursday. Violence between police and residents of the city of Huaraz about 400 kilometers (250 miles) north of Lima broke out at the Pierina gold mine late Wednesday said Rosa Villanueva, a police spokeswoman. "We have one person reported dead and four injured after clashes at the mine," she ...
One killed as Bolivia miners protest with dynamite  LA PAZ: Bolivian miners irate over being shut out of a lucrative state-owned pit set off dynamite in a melee that left one person dead and nine injured, triggering panic in the capital La Paz.   Organizers of a protest march on Tuesday that preceded the fight said 30,000 miners took part. The dynamite blasts sent people scurrying for safety and prompted shop owners and banks to shut down.   A stick of dynamite exploded on the roof of ...
Peru president’s brother cleared corruption chargeson LIMA: Peruvian president's jailed brother was acquitted on Tuesday of charges he bribed guards to receive off-hours visits from his girlfriend. Antauro Humala was acquitted for lack of evidence over the alleged 2006 pay offs. Prosecutors had been seeking a punishment of six more years in jail and a fine equivalent to $13,000 for allegedly paying to sneak his lover in during non-visiting hours. President Ollanta Humala's brother remains in prison, though. In 2005, seeking to instigate an uprising ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln